taxes Property Tax Assistance

2017 ISD Summary Worksheet

166/Milam

166-902/Gause ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 12,418,040 .9515 13,051,014 12,418,040
B. Multi-Family Residences 15,880 N/A 15,880 15,880
C1. Vacant Lots 398,871 N/A 398,871 398,871
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,287,599 1.0491 3,133,787 3,287,599
D2. Real Prop Farm & Ranch 2,269,520 N/A 2,269,520 2,269,520
E. Real Prop NonQual Acres 39,114,800 .9407 41,580,525 39,114,800
F1. Commercial Real 839,200 N/A 839,200 839,200
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 14,219,741 1.0127 14,041,415 14,219,741
J. Utilities 7,494,760 1.0368 7,228,742 7,494,760
L1. Commercial Personal 804,770 N/A 804,770 804,770
L2. Industrial Personal 620,430 N/A 620,430 620,430
M. Other Personal 2,083,530 N/A 2,083,530 2,083,530
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 83,567,141 86,067,684 83,567,141
Less Total Deductions 13,597,378   14,376,443 13,597,378
Total Taxable Value 69,969,763 71,691,241 69,969,763 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
72,187,604 69,969,763 72,187,604 69,969,763


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,217,841 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
72,187,604 69,969,763 72,187,604 69,969,763

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified